Actually, traditional investors assume that an increase in the fundamental value of an asset, an increase in the price of the asset follows. However, despite the constantly new partnerships and achievements of existing partnerships of Ripple with other financial companies, the XRP price after the Crypto-Winter, so right on the spot. Compared to exactly one year ago, the Ripple rate is over 60% in Minus, and is currently trading at $ 0.19. Despite this course of misery, we want to concentrate in this article on positive Ripple News, because the company has to celebrate yet a lot to!
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Ripple is also in Europe is becoming more and more important
To advance this positive Ripple News that XRP and the product of the On-Demand Liquidity (ODL) is apparently so well that it receives more demand than assumed. Even the CTO of the company seems to be surprised by it.More specifically, this strong demand is reflected in the fact that the payment corridor will be improved between the Euro and the US Dollar (EURUSD) now of Ripple. The special feature of this corridor is one of the most efficient and most liquid in the world and was actually on the screen of Ripple. The CTO David Schwartz writes on Twitter:
I didn’t think it would make in the corridors, which are already so efficient and liquid, sense, but we have customers that say that the speed and availability at any hour and during the holidays it is useful to you.
I didn’t think it would make sense in corridors that are already so efficient and liquid, but we have customers who say the speed and availability at all hours and during holidays makes it useful to them.— David Schwartz (@JoelKatz) May 24, 2020
In the course of the year 2019, the ODL-volume rose, according to Ripple around 550%, while the number of transactions in the last quarter increase of almost 400%.The best and safest stock market choose for you to opt for the right provider is not always easy. Therefore, we recommend that you take a look at our Bitcoin brokers & exchanges to throw a comparison. Trading on the safest and best exchanges in the world! For Comparison
Also USA-Mexico is becoming more and more important due to XRP
But that’s not enough. Also in other regions of the world, Ripple by means of its ODL solution for improvements in Remissen Transfers. It has long been known that XRP transferred a significant percentage of the volume between the U.S. and Mexico.In a new Interview with Warren Anderson, the Head of Developer Relations at Ripple reported that this figure is now 10%. All the more remarkable in this News is the fact that the corridor between the USA and Mexico is the third largest in the world.The payment flow of Ripple between the U.S. Dollar and the Mexican Peso is made possible by the Mexico-based crypto-exchange Bitso in a the end of 2018, founded in partnership.Overall, we can say, therefore, that it is in the company Ripple, and the use of the ODL is likely to be better than ever. But the key question for Fans is: when benefits of the XRP price of it?Unfortunately, we can give you this, of course, no clear answer. But one thing remains: Ripple is XRP is not for nothing the 4. largest crypto-currency, and proves, as seen above, that you (unlike many other Coins) to have a clear Use Case. It remains to be seen when reflecting back on the XRP price. You should have yourself informed and of Ripple and XRP to be convinced, then the Following note:
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